Business Description
Formed in 1902, L.B. Foster Company is a Pennsylvania corporation with its
principal office in Pittsburgh, PA. L.B. Foster Company is a leading manufacturer
and distributor of products and services for the transportation and energy infrastructure.
L.B. Foster Company’s Rail Products and Services (“Rail”)
segment is comprised of several manufacturing and distribution businesses that
provide a variety of products and services for freight and passenger railroads
and industrial companies throughout the world. The Rail segment has sales offices
throughout the Americas and Europe, and frequently bids on rail projects where
it offers products manufactured by the Company, or sourced from numerous supply
chain partners, and aftermarket services. The Rail segment is comprised of the
following business units: Rail Products, Rail Technologies, and CXT Concrete
Ties.
Rail Products
The Rail Products business is comprised of the Company’s Rail Distribution,
Allegheny Rail, Transit, and Trackwork divisions.
Rail Distribution sells new rail mainly to passenger and shortline freight railroads,
industrial companies, and rail contractors for the replacement of existing lines
or expansion of new lines. Rail accessories sold by the Rail Distribution division
include track spikes, bolts, angle bars, and other products required to install
or maintain rail lines. These products are manufactured by the Company or purchased
from other manufacturers and distributed accordingly.
The Company’s Allegheny Rail Products (“ARP”) division engineers
and fabricates insulated rail joints and related accessories for freight and
passenger railroads and industrial customers. Insulated joints are manufactured
at the Company’s facilities in Pueblo, CO and Niles, OH.
The Company’s Transit Products division supplies power rail, direct fixation
fasteners, coverboards, and special accessories primarily for passenger railroad
systems. These products are fabricated at Company facilities or by subcontractors
and are usually sold by sealed bid to passenger railroads or to rail contractors.
The Company’s Trackwork division sells trackwork products to Class II
and III railroads, industrial, and export markets.
4.19% 
160.47 %